Macroeconomic Forecasting

This one-week workshop, which will be delivered by the Joint Vienna Institute (JVI) in cooperation with the IMF, will present various forecasting tools and discuss the assumptions and limitations underlying different forecasting models. Participants will explore how to interpret and credibly convey forecast results, assess the uncertainty around the central forecast, and make use of outside forecasts. Ways to improve forecasts in some practical situations (e.g., in case of limited and low-quality data, or structural breaks) will also be discussed.